Manager, Compensation and Benefits
Abbott
5 - 10 years
Mumbai
Posted: 21/06/2025
Job Description
JOB DESCRIPTION:
Primary Job Function
Describe in 3-4 short sentences the responsibility and authority of the job.
The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization
This role will independently manage compensation consulting for the specific business EPD businesses in India, manage benefits and wellness projects along with Projects
Core Job Responsibilities
C&B Consulting: Provide regular compensation and benefits consulting support to defined businesses to ensure that all decisions and actions related to C&B are in line with Abbott philosophy and guidelines. Provide recommendations and support decision making for various pay actions (job offers, promotions, equity increases, bonus buyouts, etc.) by utilizing survey sources, market references, internal equity, and other data as appropriate
C&B Policies: Review processes and policies to recommend appropriate changes. Support in harmonization of policies and processes as required
Job Evaluation: Manage job evaluation requests from business for new / existing positions and recommend salary grades as appropriate. Support business and myHR in ensuring correct grade fitment for roles
C&B Initiatives & Projects: Manages special compensation and benefits projects including re-organizations, government-mandated changes, etc.
Supervisory/Management Responsibilities
Individual Contributor
Position Accountability / Scope
The role reports to the Associate Director, Compensation and Benefits, EPD India
Minimum Education
The role requires an MBA from a good college with a specialization in HR. Additional qualifications related to C&B are desirable
Minimum Experience/Training Required
4 years of experience as Human Resources professional with minimum of 1 years in Comp role
Knowledge of fundamental aspects of compensation (base pay, long-term incentive programs, annual incentive programs etc.)
Should have worked with reputed Indian/Multinational organizations
The base pay for this position is
N/AIn specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Compensation & Benefits
DIVISION:
CHR Corporate Human Resources
LOCATION:
India > Mumbai : BKC Building
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 25 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)
About Company
Abbott is a global healthcare company developing medical devices, diagnostic tools, nutritional products, and medicines. It focuses on improving health outcomes across areas like heart disease, diabetes, and infectious diseases, with a strong emphasis on research and innovation.
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